Our Client:
A private individual with properties held in several investment vehicles including trusts and pension funds.
Our Brief:
To advise on value and then to seek a purchaser as soon as possible for a motor trade investment in Cheshire.
Our Property Deal:
The property was advertised on our website and through a number of online portals with marketing details emailed to our investor database and our network of commercial property agents. Viewings were arranged with prospective purchasers within two days of going live and an offer was accepted shortly after. The sale exchanged and completed simultaneously within two months after legal processes began and during the Covid-19 lockdown at close to the asking price of £625,000.
The Benefit to Our Client:
Whilst this was not a forced sale, the client wanted to dispose of the property to make way for other investments in his portfolio. He requested that Blue Alpine sell the property quickly. We were able to complete the sale from start to finish in a little over 7 weeks at a price that exceeded the client’s expectations.